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Jet2 shares jump 12% on strong summer bookings and solid annual results

Company Fundamentals
08 Jul 2026
Proactive Investors
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Bullish
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Jet2 PLC's shares rose 12% to 1,515p following a strong summer booking momentum and solid full-year results. Summer 2026 capacity is up 7.7% year-on-year, with passengers booked increasing 7.1%, driven by reduced geopolitical uncertainty and targeted pricing strategies. The company reported an operating profit of £440m for the year ending March 2026, hitting the top of its guidance range. Peel Hunt maintained a 'buy' rating and a 1,800p price target, highlighting a new £250m share buyback and forecasting profit recovery by 2028.

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